Fire & Flower Holdings Corp FFLWF

Maturing Debt and Dilution Concerns?

[TRauhala]

Is anyone concerned about the companies ability to desal with its maturing debt? (see Grizzle article via link below)

"Like most cannabis companies Fire and Flower (F&F) needs to deal with some big debt maturities on the horizon before investors can be confident they aren’t about to get diluted out of existence.

F&F has $43 million of cash, but $47 million of debt due in June and July 2020. When you add on the $5 million a quarter burn rate, it’s highly likely there won’t be enough cash to pay off the debt."

https://grizzle.com/fire-flower-faf-q3-2019-earnings/

[1sergedompierre]

TR ...it is a non issue ...Couche Tard will be majority share holder 50.1 % very soon and THEY could by all the existing pot companies at once if the wich for ...check their FS we are talking about billions of $ there not millions . SD

[Rotaluceps]

Non issue? it is an issue to considerate. You can't be taken too seriously, the way you sank with Bombardier when it was so obvious they would do so. I have a small position in FAF, and this is it for now. Opening new stores is costly.